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Built by Business: Amazon FBA, E-Commerce, Brand Building

#52 - Chelsea Cohen - Founder of SoStocked

Built by Business: Amazon FBA, E-Commerce, Brand Building

Andy Isom | Amazon FBA Seller & Agency Founder

Business, Entrepreneurship, Marketing

4.9816 Ratings

🗓️ 12 May 2021

⏱️ 30 minutes

🧾️ Download transcript

Summary

In this episode, I chat with Chelsea Cohen the founder of SoStocked, an Amazon inventory management, and forecasting software. We discuss the importance of managing inventory levels, how marketing affects inventory planning, and how to manage understocked or overstocked products.

Free Inventory Marketing Planner
https://www.sostocked.com/amazon-marketing-plan-template/

 

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Transcript

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0:00.0

So we're doing, you know, over $100,000 in sales a month, which may not be crazy, but it's a lot of inventory moving around and we manage it and track it and predict and do our ordering within Google Sheets.

0:14.4

So I definitely can resonate with those people who haven't found a software that they've loved.

0:19.0

I've tested different softwares actually.

0:21.2

So I get approached by companies all the time. Try this. Try our software. Try our software.

0:25.0

And so I'll try them. And I'm like, mm.

0:30.9

All right, guys, welcome back to the selling on Amazon with Andy Isom podcast.

0:37.3

I am here today

0:38.6

with Chelsea Cohen, the co-founder of So Stocked. It's a software used to manage your inventory. We're

0:47.0

going to dive deep into that, how she got started with that. And she also happens to be a successful

0:51.1

seven-figure Amazon seller. So we got some really cool topics to talk

0:54.9

about today. We're going to talk about, you know, how inventory and marketing mix. We're going to talk

0:59.2

about, you know, avoiding stocking out, all sorts of good stuff about inventory management.

1:03.9

Chelsea, thank you so much for joining us today.

1:06.0

Yeah, thanks for having me. Let's just start really quickly. I mean, I feel like this is something that's interesting to anyone, you know, listening to the podcast, just trying to hear your backstory

1:15.2

of how you got to this point of your life. Being an Amazon seller and, you know, obviously

1:20.5

starting your software company, tell us a little bit about your journey. Sure. Yeah, so I started

1:27.2

selling on Amazon in 2014. And really,

1:30.5

that was just based on, I was looking for something. I was looking for something that, you know,

1:36.4

could have time, location, and financial freedom. You know, at that point, I was, you know,

1:41.0

really just looking for, you know, that freedom found a course on

1:46.6

selling on Amazon, did that course, ended up becoming successful with what my first product

1:52.5

was right away, and that's actually one of our best sellers still, and quit my job and really

...

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